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Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

Swedish Krona/Swiss Franc (FOREX:SEKCHF)

Strong Downtrend (-100) - SEKCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SEKCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKCHF
Open High Low SEKCHF Price Change
10.02755 10.07135 9.99950 10.06230 +0.03475
Entry Signal

MarketClub’s Trade Triangles for SEKCHF

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 9.9885

intermediate term down The intermediate-term trend has been DOWN since Dec 31st, 2019 at 10.3300

short term down The short-term trend has been DOWN since Feb 14th, 2020 at 10.1000

Smart Scan Analysis for SEKCHF

Based on our trend formula, SEKCHF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SEKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.02755 10.07135 9.99950 10.06230 +0.03475
Prev. Close Volume Bid Ask Time
10.02755 10.06010 10.06450 2020-02-24 23:18:55
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